Latest posts

EU VAT threshold for B2C digital services for micro businesses

Since 2019 EU introduced a new €10,000 threshold for total supplies of digital services to consumers in the EU in a calendar year. As a result, businesses will be subject only to the VAT rules of their home country if their relevant sales across the EU in a year (and the preceding year) fall below this threshold.

Posted: 2018-12-18 by Lovat Team

Price inclusive VS exclusive strategy - VAT perspective

When you sell locally VAT isn`t a problem you can determine constant VAT rates for each service or goods you sell. But when you sell to customers in different countries you can not use this approach because VAT on the same service or product differs in every country your customers are.

Posted: 2018-09-17 by Lovat Team

The startup guide to VAT compliance

You may have read about VAT for cross-border trade and wondered if it applies to you. Since 2015 countries implemented new rules to tax cross-border e-commerce.  According to such rules merchants which sell online need to pay VAT in the country of the customer.

Posted: 2018-08-10 by Lovat Team

5 Tips for Expanding Your Digital Business To New Market

There are so many things to think about before you start selling your products in new country. You have to be sure that all internal assessment prior to the launch has been done. Here are some challenges you should prepare for before going to new market

Posted: 2018-06-25 by Lovat Team

5 main mistakes when determining VAT

57 countries all over the world implement the VAT destination principle for companies selling digital content (everything from gaming and e-books to stock imagery). Such companies must pay VAT \GST in all countries that their customers are in. It is not only 57 different tax regimes, but also other kinds of services and means of payment, so the complexity is high and therefore e-merchants make many mistakes

Posted: 2018-06-13 by Lovat Team